About Phoenix Managed Services (India) Private
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Phoenix Managed Services (India) Private is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 25 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2013PTC240716. Its GSTIN is 27AAECV3670N1ZS (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Vnext Managed Services Private Limited. It is led by director Nico Michel Vandevenne.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2020, the company reported a revenue of ₹93.27 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net loss of ₹10.94 Lakh (net margin -11.7%) and EBITDA of -₹10.93 Lakh (EBITDA margin -11.7%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phoenixbs.tech.
Company details
Name history
Phoenix Managed Services (India) Private has undergone 2 name changes throughout its history. The company was previously known as Phoenix Managed Services (India) Private, and Vnext Managed Services Private Limited. The current legal name is Phoenix Managed Services (India) Private.
| Company Name | Status |
|---|---|
| Phoenix Managed Services (India) Private | Current |
| Vnext Managed Services Private Limited | Previous |
Contact details
Phoenix Managed Services (India) Private's registered office is in Mumbai, Maharashtra. Its website is phoenixbs.tech. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressB1 – 002A Gr. Floor Kanakia'S Boomerang Chandivali Farm Road Near Chandivali Studios Andh, Eri (E), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Phoenix Managed Services (India) Private, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Phoenix Managed Services (India) Private is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Phoenix Managed Services (India) Private, buy the company report.
Financials of Phoenix Managed Services (India) Private
FY 2020 filings availablePhoenix Managed Services (India) Private reported revenue of ₹93.27 Lakh (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 38% fall in the latest year. EBITDA fell 174% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Revenue | ₹93.27 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹10.93 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.94 Lakh | ||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.7% | ||||
| Net Profit Margin | -11.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Phoenix Managed Services (India) Private, buy the company report.
Board of directors of Phoenix Managed Services (India) Private
Phoenix Managed Services (India) Private has 1 current director and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nico Michel Vandevenne | Director | 25 Feb 2013 | 13 Years 8 Months | Current |
Auditor
Phoenix Managed Services (India) Private is audited by AVESH PATEL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AVESH PATEL & CO | FY 2019 | 133174W |
Shareholding
The shareholding of Phoenix Managed Services (India) Private is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Phoenix Managed Services (India) Private, buy the company report.
Legal cases
No court or tribunal cases involving Phoenix Managed Services (India) Private are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phoenix Managed Services (India) Private; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phoenix Managed Services (India) Private has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Phoenix Managed Services (India) Private has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECV3670N1ZS | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Phoenix Managed Services (India) Private, buy the company report.
Recent activity
Phoenix Managed Services (India) Private has 9 board changes on record since 2013: 5 appointments and 4 cessations. The latest: Vanessa Beumont ceased to be Director on 20 Aug 2021.
Frequently asked questions
Phoenix Managed Services (India) Private is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 25 February 2013 (13+ years old) and is registered under CIN U93000MH2013PTC240716.
Phoenix Managed Services (India) Private has 1 current director:
- Nico Michel Vandevenne - Director
The latest financial statements of Phoenix Managed Services (India) Private on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Phoenix Managed Services (India) Private is 27AAECV3670N1ZS, registered in Maharashtra.
The CIN (Corporate Identification Number) of Phoenix Managed Services (India) Private is U93000MH2013PTC240716. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phoenix Managed Services (India) Private was incorporated on 25 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
Vanessa Beumont ceased to be Director on 20 Aug 2021. Gaurang Subhash Kelkar ceased to be Additional Director on 09 Aug 2021. Gaurang Subhash Kelkar was appointed as Additional Director on 02 Dec 2019. Phoenix Managed Services (India) Private has 9 board changes on record in total.
Phoenix Managed Services (India) Private can be reached through the website phoenixbs.tech. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Phoenix Managed Services (India) Private is at B1 – 002A Gr. Floor KanakiaS Boomerang Chandivali Farm Road Near Chandivali Studios Andh, Eri E, Mumbai, Maharashtra, India – 400072.
Phoenix Managed Services (India) Private operates in the information technology industry, in the software development and support services segment.